Huzhou Gas Co., Ltd. (“Huzhou Gas”, Stock Code: 06661.HK) completed its IPO and listing on the Main Board of the Hong Kong Stock Exchange on July 13, 2022. The company offered 50 million shares (5 million shares offered in Hong Kong and 45 million shares offered outside Hong Kong) at HK$6.08 per share, raising approximately HK$259.8 million. The shares offered in Hong Kong were over-subscribed by approximately 8.08 times.
As the Chinese legal adviser to the sponsor and the underwriter, Jingtian & Gongcheng's lawyer team provided full-process legal services for the IPO and listing of Huzhou Gas, including conducting Chinese legal due diligence, assisting the sponsor in third-party due diligence, analyzing and solving the key legal problems arising the IPO, reviewing and revising the prospectus and other IPO application documents, and assisting in answering inquiries from the China Securities Regulatory Commission and the Hong Kong regulator. Jingtian & Gongcheng's lawyer team was unanimously praised by the client for its strict work attitude, outstanding communicative skills, as well as timely and efficient services.